you are correct. But, u need big money to absorb all the weak hands.
ideally you want to see this thing go quiet and just base out for a while.
otherwise it will look AXE
every little run and big spike of volume after it topped out just topped got sold into and probably loaded up with shorts
DRO - Chart and TA., page-1603
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Last
$1.14 |
Change
-0.025(2.16%) |
Mkt cap ! $989.8M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.18 | $1.13 | $14.60M | 12.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 54718 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |